NPCI introduces new features for Credit Accounts: introduces UPI-integrated EMI facility and UPI Autopay for Credit card bill settlements; implementation of enhancements mandated for UPI members by 31st May, 2024
The National Payments Corporation of India (“NPCI”) has introduced the following new features for Credit Accounts, necessitating implementation by UPI members no […]
Health Ministry sets 31st December, 2024 as implementation date for Jan Vishwas Act amendments to Drugs and Cosmetics Act, 1940; drug manufacturers may be subject to increased fines for utilizing government analysts’ reports in advertisements
Pursuant to the Update reported earlier on Jan Vishwas (Amendment of Provisions) Act 2023 (please refer to e-mails in trail for details), […]
Centre cautions online advertisement intermediaries, celebrities / social media influencers against endorsing offshore online betting and gambling platforms
Pursuant to the Advisory reported earlier (please refer to e-mail in trail for details), the Ministry of Information and Broadcasting (“MIB”) has […]
DPIIT notifies Quality Control Order to regulate quality standards for footwears made from leather and other materials; provisions scheduled to gain effect from 1st August, 2024
The Department for Promotion of Industry and Internal Trade (“DPIIT”) has notified the Footwear made from Leather and other Materials (Quality Control) […]
Health Ministry revises Drugs Rules 1945; permits tablet and capsule quantities exceeding 10 to be packaged in multiples of both 7 and 5
In furtherance to what we reported earlier (please refer to e-mails in trail), the Ministry of Health has amended the Drugs Rules, […]
Ministry of Corporate Affairs notifies date of enforcement of certain provisions under the Competition (Amendment) Act, 2023
The Ministry of Corporate Affairs (“Ministry”) has notified that the amendment under the following provisions of the Competition (Amendment) Act, 2023 (“Amendment […]
Government of Maharashtra proposes amendments to the Maharashtra Factories (Safety Audit) Rules, 2014; comments are invited till 18.04.2024
The Industries, Energy, Labour and Mining Department, Government of Maharashtra, has invited comments and suggestions on the draft to amend the Maharashtra […]
RBI issues directions for credit card issuers on arrangement with card networks
The Reserve Bank of India (“RBI”) has issued a notification on “Arrangements with Card Networks for issue of Credit Cards” directing the […]
NPCI revises timelines for implementation of UPI interoperability and standardized usage of BHIM UPI brand display on UPI apps, online merchants and offline merchants
Pursuant to the update reported earlier (refer to the trail mail), National Payments Corporation of India (“NPCI”) has reiterated strict adherence to […]
RBI issues the 2024 Directions for the Bharat Bill Payment System, aimed at enhancing efficiency and customer protection
The Reserve Bank of India (“RBI”) has issued the Reserve Bank of India (Bharat Bill Payment System) Directions, 2024 (“2024 Directions”), superseding […]
Finance Ministry has revised the SEZ Act to include the requirement for applicants intending to establish a SEZ unit under the IFSCA
The Ministry of Finance has released a notification amending the Special Economic Zones Act, 2005 and the Special Economic Zone Rules, 2006. […]
Centre seeks public comments on draft Gas Cylinders (Amendment) Rules, 2024 till 5th April, 2024
The Department for Promotion of Industry and Internal Trade (“DPIIT”) has published the draft Gas Cylinders (Amendment) Rules, 2024 (“Draft Rules”) and […]